Indiana Statutes
§ 27-15-14-3 — Approval of application; public hearing
Indiana·Title 27 INSURANCE·Art. 15 DEMUTUALIZATION OF MUTUAL INSURANCE·Ch. 14 Modified Conversion Requirements for Companies in
The commissioner shall approve the
application and permit the conversion under a plan of conversion and
an amendment to the articles of incorporation described in this chapter
if the commissioner finds, following a public hearing, that the plan of
conversion and the amendment to the articles of incorporation are in
the best interests of the members and policyholders of the converting
mutual, without regard to their membership interests.
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Legislative History
As added by P.L.94-1999, SEC.3.
Nearby Sections
15
§ 27-1-1-1
Creation; functions§ 27-1-1-2
Insurance commissioner§ 27-1-1-3
Personnel§ 27-1-1-4
Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10
"Annual Statement Blank"§ 27-1-1.5-11
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"Current Dental Terminology"; "CDT"§ 27-1-1.5-13
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"Healthcare Common Procedure Coding System"; "HCPCS"